Continental AG — Interim / Quarterly Report 2014

Jul 31, 2014

H1 2014 Results

Hanover – July 31, 2014

http://www.continental-ir.com

AGENDA

1	C i H i h l i h t t o r p o r a o n g g s	3
2	i A G t t o m o e r o p u v u	1 0
3	R b b G e r r o p u u	1 2
4	C I d b d d h F l t n e e n e s s a n a s o w	1 6
5	O l k t u o o	1 9
6	B k & F S h 2 0 1 2 2 0 1 4 t t a c u p a c e e s - -	2 9

1) Corporation Highlights M t I t t KPI H1 2014 Mos Impor tanKPIs

• ›Sales up by 2% to €16.9 bn; organic sales growth at 6% (neg. FX impact €~600 mn)
• › Adj. EBIT1 up by 10% to €1.96 bn; adj. EBIT1 margin at 11.6% up 80 bps (PPA and special effects -€145 mn)
• › NIAT2 up by 14% to €1.3 bn
• › Free cash flow amounted to €575 mn mainly due to higher EBIT, lower cash interest and strong working capital management
• › Net indebtedness down to €4 3. bn; gearing ratio at 42 %; equity ratio at 36% ; at
• › Accelerated value creation: trailing ROCE 3up by 220 bps to 20.8%

Other topics:

• › Acquisition of the remaining shares in EMITEC caused an impairment loss on the previous carrying amount of €35 mn
• › Recognition of deferred tax assets on interest carry forwards in Germany amounting to €98 mn
• Latest retail acquisition in France improves market coverage to >400 controlled outlets ›market controlled

³Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by average operating assets (OA) for the LTM

¹Before amortization of intangibles from PPA, consolidation and special effects

²Attributable to the shareholders of the parent

1) Corporation Highlights Di i i l Hi hli ht H1 2014 visional ghli ghts H1

utomotiv Group Rubber G R

1

p

1 C h i & S f 9 2 % d j. E B I T i ( P Y 9 4 % ) i l b 6 % ( Q 2 / 1 t t a s s s a e y a a m a r g n : ; o r g a n c s a e s u p y ›	4
% ) S ( % % ) ), & % / 4 t t h i A D A t i d 5 0 i t l l R D t b 1 3 i H 1 1 + + ; s r o n g g r o w n c o n n u e u n s s a a e e s s c o s u p y n	4

• ve Grou (+50 › Powertrain at 5.2% adj. EBIT1 margin (PY: 4.9%); organic sales increased by 5% (Q2/14 +3%)
• Interior at 10 3% adj EBIT1 margin (PY: 8 7%); organic sales increased by 9%› 10.3% adj. 8.7%); (Q2/14 +6%) due to strong business activity in B&S and CV&AM
• › Automotive Group sales increased organically by 7% in H1/14 (Q2/14 +5%), outgrowing worldwide PC & LT production by ⁴⁰⁰ bps; adj EBIT1 margin increased by ⁶⁰ bps to ⁸ 4%; Au adj. EBIT 8.4%; R&D ratio is expected to slightly decrease in the course of H2/14 (8.9% in H1/14); solid development of order intake in H1/14
• Ti dj EBIT1 i i dt 19 8% (PY 17 4%) b fitti f l t i l › Tires adj. margin increase d to 19.8 % (PY: 17.4%) benefitting from lower raw materialcosts (H1/14: ~€110 mn), strict cost management and solid price mix (was balanced in H1/14); volumes up by 6% in H1/14 (Q2: +3%); FX effects impacted sales (-4% in H1/14); PC & LT tire replacement demand increased in Euro pe b y 5% and was ^u p b y 6% in NAFTA p p p y in H1/14; solid order intake on winter tires indicates early sell in season 2014
  • › ContiTech adj. EBIT1 margin down by 100 bps to 11.4%; organic sales up by 2% (Q2/14: -1%)
  • › Rubber Group organic sales increased by 4% (Q2/14: +2%); adj. EBIT1 margin increased to 17.5% in H1 2014 (PY: 16.0%)

Before amortization of intangibles from PPA, consolidation and special effects

1) Corporation Highlights S l d Adj t d EBIT 1ales an Adjus e bQ t by Quar er

1) Corporation Highlights S l d Adj t d EBIT 1ales an Adjus e b Gy Group

1Before amortization of intangibles from PPA, consolidation and special effects

1) Corporation Highlights

G th P fil f th C ti H1 2014 (i %) GrowthProfile o the Corporation (in %)

1) Corporation Highlights S t i bl V l C ti Susainable Value Creation

1) Corporation Highlights M t iti1 f S di t d L2aturities dB d ( €) for Syndica eLoan andBonds (mn

( ( € ) m n	F Y 1 3	H 1 1 4
Gr in de b te dn os s es s	6, 6 3 8	6, 5 3 4
Ca h s	2, 0 4 5	1, 9 1 9
Ne in de b dn t te es s	4, 2 8 9	4, 2 7 3
Av i la b le d i t l ine a cre s	3, 8 3 3	3, 9 2 8

1All amounts shown are nominal values

2Syndicated loan maturities – Term loan April 2016 and Revolving Credit Facility (RCF) April 2019 3

Any utilization under the RCF has to be shown as short term debt according to IFRS although the RCF matures in 04/19 and has a total volume of €3,000 mn

4Nominal amount US \$950 mn (exchange rate as at June 30, 2014: 1.3651)

S

Bonds

yndicated Loan

2) Automotive Group

B fitti f St bili ti i E P d ti Benefitting from Stabilization in European Production

Q2/13 Q3/13 Q4/13 Q1/14 Q2/14 Q2/13 Q3/13 Q4/13 Q1/14 Q2/14

›Sales increased by €172 mn in Q2/14; organic sales growth in Q2/14 at 4.6%

• ›Adjusted EBIT1 increased by €12 mn
• ›Adjusted EBIT1 margin at 8.5% (PY: 8.4%)
• ›R&D expenses increased by 9 0% to 9.0% €453 mn

1Before amortization of intangibles from PPA, consolidation and special effects

2Differences may occur due to rounding differences

2) Automotive Group Adj EBIT Adj. EBIT1 M i b 60 b Margin up by bps

Reported sales change

• ›Chassis & Safety: 2.5%
• ›Powertrain: 1.4%
• ›Interior: 2.7%
• ›Automotive Group: 2.3%

1Before amortization of intangibles from PPA, consolidation and special effects

• ›Reported EBITDA: €1,246 mn (12.1% of sales)
• ›Reported EBIT: €721 mn (7.0% of sales)
• ›R&D: €921 mn (8.9% of sales)
• ›Capex: €389 mn (3.8% of sales)

3) Rubber Group 1Adjusted EBIT Margin Prof f iting from Raw Material Prices

• ›Sales decreased by €30 mn in Q2/14 30
• › Tire volumes grew by 3% during the quarter; F/X had a negative effect on tire revenues of about 4% while P/M was neutral in Q2/14
• › Sales at ContiTech decreased by 0.9% organically during the quarter due to sharp decrease in conveyor b lti (CB) l belting (CB) sales
• ›Adjusted EBIT1 up by €20 mn mainly due to lower raw material cost and strong cost management

1Before amortization of intangibles from PPA, consolidation and special effects

3) Rubber Group P fit bilit R i t El t d L l Profitability Remains at Elevated Level

Reported sales change

C t i T h › o n e c :	% 0 6
T i › r e s :	1. 8 %
R b b G › e r r o p u u :	1 1. % % 7 7

1Before amortization of intangibles from PPA, consolidation and special effects

›Reported EBITDA: €1,414 mn (21.3% of sales)

• ›Reported EBIT: €1,143 mn (17.2% of sales)
• › R&D: €152 mn (2 3% of sales) (2.3%
• ›Capex: €404 mn (6.1% of sales)

3) Rubber Group St bili ti i D d C ti Stabilization in DemandContinues

1

U.S. Department of Transportation

Replacement Tire Demand Replacement Tire Demand

H1 2014 Results – July 31, 2014 EDMR – Equity and Debt Markets Relations ¹⁴

nAp rJu Oc tJa nAp r

3) Rubber Group

E t d R M t i l P i D l t i 2014 Udt Expected Raw Material Price Development in 2014 - Update

• › Natural rubber price (TSR 20) atu ^a ubbe ^p ce ( ^S 0)expected to average US \$2.10 in 2014 (before: US \$2.30)
• › Synthetic rubber price (butadiene feedstock) forecasted to average US \$1.44 in 2014
• › €160 mn tailwind from natural and synthetic rubber cost expected for 2014 (prior forecast: €80 mn tailwind)
• › Oil-based chemicals and textiles to increase YOY
• › However we expect rubber prices However, prices to increase in the course of 2014 as demand further stabilizes; butadiene prices are already

Raw Material Price Development1 2009 - 2014E

1Source: Bloomberg and Continental estimates for 2014

4) Indebtedness and Cash Flow N t I d bt d B ide Inebt edness ridge

1According to cash flow statement including intangible assets

4) Indebtedness and Cash Flow

D l t f N t I d bt d d G i R ti Developmen t oe Inebt edness andGearing atio

4) Indebtedness and Cash Flow C h Fl O i Cas Flow Overview

5) Outlook

P C & Li ht T k P d ti b Q t Passenger Car Light Truck Production by Quarter

Source: IHS and Continental estimates for 2014

5) Outlook

M k t O tl k f M j R i 2014 Market Outlook for Major Regions

Asia

3

4

Passenger car & light truck replacement

Commercial vehicle replacement (radial & biased)

250220

America

H1 2014 Results – July 31, 2014 EDMR – Equity and Debt Markets Relations ²⁰

5) Outlook C ti t l 2014¹ ontinental 20141

	2 0 1 3	2 0 1 4 E
C & l i d t d l o n s o a e s a e s 2 d j. E B I T i a m a r g n	€ 3 3 3 b n 1 1. 3 %	€ ( € ) T i t d 3 4 5 b i l. 1 b F X o n c r e a s e o a r o u n n n c n n e g 2 A d j. E B I T i 1 1 % m a r g n ~
G A t t i u o m o v e r o u p p 2 d j. E B I T a	€ 2 0 0 b n € 1. 6 b n	S l t i t d € 2 0 8 b a e s o n c r e a s e o a r o u n n 2 A d j. E B I T i 8 % > m a r g n
G R b b u e r r o u p 2 d j. E B I T a	€ 1 3 4 b n € 2 3 b n	S € l t i t d 1 3 8 b a e s o n c r e a s e o a r o u n n 2 A d j. E B I T i 1 6 % > m a r g n
R t i l t a w m a e r a c o s i t m p a c	f f R l i b t e e o a o u € 4 0 0 m n	€ 1 6 0 f G 2 0 1 t i l i d t d R b b i 4 m n a w n e x p e c e o r u e r r o u p n
S S i l f f f f t p e c a e e c s	€ € 1 0 5 m n -	A b € € 1 0 0 t o u m n -
N t i t t e n e r e s e x p e n s e T t a r a e x	€ 8 0 4 m n 1 8 % %	€ 4 0 0 < m n 2 5 % % <
C a p e x P P A i i t t a m o r z a o n	€ 2 0 b n € 3 7 1 m n	C % f t d 6 l a p e x a a r o u n o s a e s P P A i l l € 1 9 0 t t a m o n o m n w u ~
F h f l r e e c a s o w	€ 1. 8 b n	€ 1. b b f i i i 5 t > n e o r e a c q s o n s u

1Potential effects from first time consolidation of Veyance Technology, Inc. are not included

2Before amortization of intangibles from PPA, consolidation (2013 in comparison to 2012) and special effects

Thank y y ou for your attention!

Disclaimer

• › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the release of the H1 2014 results on July 31, 2014, in Hanover. It has not been independently verified. It does not constitute an offer, invitation or recommendation to purchase or subscribe for any shares or other securities issued by Continental AG or any subsidiary and neither shall any part of it form the basis of, or be relied upon in connection with, any contract or commitment concerning the purchase or sale of such shares or other securities whatsoever.
• › Neither Continental Aktiengesellschaft nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss that may arise from any use of this presentation or its contents or otherwise arising in connection with this presentation.
• › This presentation includes assumptions, estimates, forecasts and other forward-looking statements, including statements about our beliefs and expectations regarding future developments as well as their effect on the results of Continental. These statements are based on plans, estimates and projections as they are currently available to the management of Continental. Therefore, these statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Furthermore, although the management is of the opinion that these statements, and their underly g in beliefs and exp , ectations,are realistic or of the date they are made, no guarantee can be given that the expected developments and effects will actually occur. Many factors may cause the actual development to be materially different from the expectations expressed here. Such factors include, for example and without limitation, changes in general economic and business conditions, fluctuations in currency exchange rates or interest rates, the introduction of competing products, the lack of acceptance for new products or services and changes in business strategy.
• › All statements with regard to markets or market position(s) of Continental or any of its competitors are estimates of Continental based on data available to Continental. Such data are neither comprehensive nor independently verified. Consequently Consequently, the data used are not adequate for and the statements based on such data are not meant to be, an accurate or proper definition of regional and/or product markets or market shares of Continental and any of the participants in any market.

Contact E it d D bt M k t R l ti Equity and Debt Markets Relations

Vahrenwalder Str. 9 Klaus Paesler

Rolf Woller Sabine ReesePhone: +49 511 938 1068 Phone: +49 511 938 1027

Ingrid Kampf Michael Saemann F 49 511 938 1080e-mail: ir@conti.de www.continental-ir.com

30165 Hanover Phone: +49 511 938 1316 Germany e-mail: klaus.paesler@conti.de

e-mail: rolf.woller@conti.de e-mail: sabine.reese@conti.de

Phone: +49 511 938 1163 Phone: +49 511 938 1307Fax: +49 1080 e-mail: mi h l @ ti d ichael.saemann@conti.de

Henry Schniewind Phone: +49 511 938 1062 e-mail: henry.schniewind@conti.de

Continental Fi i l C l dFinancial Calendar

2014

A l F i i l P C f n n u a n a n c a r e s s o n e r e n c e	M h 6 2 0 1 4 a r c ,
S ' A l h h l d M t i n n u a a r e o e r s e e n g	2 2 0 1 A i l 5 4 p r ,
Q 1 F i i l R t n a n c a e p o r	M 6 6 2 0 1 4 a y ,
f- H l Y F i i l R t a e a r n a n c a e p o r	J l 3 1, 2 0 1 4 u y
N i M t h F i i l R t n e o n n a n c a e p o r	N b 4 2 0 1 4 o v e m e r ,

2015

A l F i i l P C f n n a n a n c a r e s s o n e r e n c e u	M h 5 2 0 1 5 a r c ,
A l S h h l d ' M i t n n a a r e o e r s e e n g u	A i l 3 0 2 0 1 5 p r ,
Q 1 F i i l R t n a n c a e p o r	M 2 0 1 5 a y
H l f- Y F i i l R t a e a r n a n c a e p o r	A 2 0 1 t 5 g s u u
N i M h F i i l R R t t t n e o n n a n c a e e p p o o r r	N b 2 0 1 5 o v e m e r

Continental Sh D t / ADR D t Share Data Data

Share Data

f T h h y p e o s a r e	N l h o -p a r v a u e s a r e
B l b T i k o o m e r g c e r	C O N
R t T i k e u e r s c e r	C O G N
G S f ( ) i t I d t i i t i N b W K N e r m a n e c u r y e n c a o n u m e r	5 4 3 9 0 0
S I I N N b u m e r	D E 0 0 0 5 4 3 9 0 0 4
S S h h d d i i J J 3 3 0 0 2 0 1 4 t t t t t t a r e s o s a n n g a s a n e u u ,	2 2 0 0 0 0 0 0 0 0 9 9 8 8 3 3 5 5 , ,

ADR Data

R i ( d i h A D R ) t a o o r n a r s a r e y :	1 5 :
B l b T i k o o m e r g c e r	C T T A Y
R T i k t e e r s c e r u	C C T T T T A A Y Y P P K K
S I I N N b u m e r	S 2 1 0 1 2 0 0 0 U 7 7
A D R L l e v e	L l 1 e v e
E h c a n g e x	O T C
S p o n s o r	C D t h B k T t A i e u s c e a n r u s o m p a n y m e r c a s

Continental Bond Data

Iss ue r	Co i- Gu i F ina B. V. t n mm nc e , 1 Ne t he lan ds r	Co t ine ta l A G n n	Co ine l Ru b be f t ta n n r o 1 Am ica Co U S A er rp , .,	Co t ine ta l A G n n
Iss ue	Se ior No tes n	Se ior No tes n	Se ior No tes n	Se ior No tes n
Pr in ip l a t c a m ou n	€ 0 m 7 5 n	€ 0 m 7 5 n	\$ 9 0 m 5 n	€ 0 m 7 5 n
f fe in ice O r g p r	% 9 9. 5 9 5	% 9 8. 9 5 0	% 1 0 0. 0 0 0	% 9 9. 2 2 8
Ra in iss da t t te g a ua nc e	Ba 1 ( Mo dy 's ) o B B ( S & P ) 2) ( B B B F i tc h	Ba 2 ( Mo dy 's ) o B B ( S & P ) 2) ( B B F i tc h	Ba 3 ( Mo dy 's ) o B B B B- ( S & P ) 2) ( B B F i tc h	Ba 1 ( Mo dy 's ) o B B ( S & P ) 2) ( B B B F i tc h
C i t t u r r e n c o r p o r a o n 3 i d b d t a n o n r a n g	( ), ( S ), ( i ) B 3 M d 's B B B & P B B B F h t a a o o y c
Co up on	2 2. 5 5 % % p p. a a.	3 3. 0 0 % % p p. a a.	4 4. 5 5 % % p p. a a.	3 3. 1 1 2 2 5 5 % % p p. a a.
Iss da te ue	Se t. 1 9, 2 0 1 3 p	Ju l. 1 6, 2 0 1 3	Se t. 2 4, 2 0 1 2 p	Se t. 9, 2 0 1 3 p
Ma i tu ty r	Ma 2 0, 2 0 1 7 r.	Ju l. 1 6, 2 0 1 8	Se 1 5, 2 0 1 9 t. p	Se 9, 2 0 2 0 t. p
S f p io d fo ly ta t o r er r e ar de io ( da ' t 6 0- 9 0 re m p n y s ) io ice t p r r n o	---	---	Se 1 2 0 1 t. 5, 5 p	---
In te t p t re s ay me n	An l Ma nu a 2 0 r.	Se i a l m nn ua Ja 1 6 / Ju l. 1 6 n.	Se i a l m nn ua Ma 1 / Se 1 5 t. 5 r. p	An l Se nu a 9 t. p
W K N	C A 1 V 6 B	A 1 X 2 4 V	G A 1 9 J J	A 1 X 3 B 7
I S I N	X S 0 9 7 2 7 1 9 4 1 2	X S 0 9 5 3 1 9 9 6 3 4	D E 0 0 0 A 1 G 9 J J 0	X S 0 9 6 9 3 4 4 0 8 3
De in io t no m a n	€ 1, 0 0 0 w i h m in. da b le t tra € t 1, 0 0 0 am ou n	€ 1, 0 0 0 w i h m in. da b le t tra € t 1, 0 0 0 am ou n	\$ 1, 0 0 0 w i h m in. da b le t tra \$ t 1 5 0, 0 0 0 am ou n	€ 1, 0 0 0 w i h m in. da b le t tra € t 1, 0 0 0 am ou n

1Guaranteed by Continental AG only since April 24, 2014

2Unsolicited rating at date of issuance

*3Fitch since Jul. 15, 2013; Moody<sup>&#nsolidation and FX effects
- › EBITDA increased by €144.9 mn to €1,137.3 mn (+14.6%)
- › Adj. EBIT1 increased by €121.2 mn to €927 2€927.2(adj. EBIT 19.8%)
- › EBIT increased by €117.6 mn to €923.1 mn (EBIT margin 19.5%)
- ›Special effects in H1 2014: +€0.2 mn</sup>

6) Back-up Tires –C i l V hi l Ti D d Commercial Vehicle Tire Demand

Replacement Tire Demand for Truck Tires Europe

Replacement Tire Demand for Truck Tires NAFTA

1BAG = Bundesamt für Güterverkehr (German Federal Office for Goods Transport)

2ATA = American Trucking Association

6) Back-up R bb G Fi i l C tiT hRubber Group Financials – ContiTechContiTech H1 2014

• › Sales increased by 1 8% before increased1.8%consolidation and FX effects
• › EBITDA decreased by €16.8 mn to 1,854.6€276.6 mn (-5.7%)
• › Adj. EBIT1 decreased by €19.6 mn to €220 8 mn (adj EBIT1 margin 11 4%) €220.8(adj. EBIT 11.4%)›
• EBIT decreased by €17.1 mn to €219.8 mn (EBIT margin 11.3%)

Fact Sheets 2012 – 2014

6) Fact Sheets Quarterly Sales Analysis

| Sa
x27;<sup>sFX effects
- › EBITDA increased by €144.9 mn to €1,137.3 mn (+14.6%)
- › Adj. EBIT1 increased by €121.2 mn to €927 2€927.2(adj. EBIT 19.8%)
- › EBIT increased by €117.6 mn to €923.1 mn (EBIT margin 19.5%)
- ›Special effects in H1 2014: +€0.2 mn</sup>

6) Back-up Tires –C i l V hi l Ti D d Commercial Vehicle Tire Demand

Replacement Tire Demand for Truck Tires Europe

Replacement Tire Demand for Truck Tires NAFTA

1BAG = Bundesamt für Güterverkehr (German Federal Office for Goods Transport)

2ATA = American Trucking Association

6) Back-up R bb G Fi i l C tiT hRubber Group Financials – ContiTechContiTech H1 2014

• › Sales increased by 1 8% before increased1.8%consolidation and FX effects
• › EBITDA decreased by €16.8 mn to 1,854.6€276.6 mn (-5.7%)
• › Adj. EBIT1 decreased by €19.6 mn to €220 8 mn (adj EBIT1 margin 11 4%) €220.8(adj. EBIT 11.4%)›
• EBIT decreased by €17.1 mn to €219.8 mn (EBIT margin 11.3%)

Fact Sheets 2012 – 2014

6) Fact Sheets Quarterly Sales Analysis

| Sa
since Sept. 19, 2013; S&P since Dec. 6, 2013*

Back-up

6) Back-up O i fV l D l t Overview of Volume Development

Un i ( Y O Y ha ) ts c ng e	Q 1 / 1 2	H 1 / 1 2	9 M / 1 2	F Y 1 2	Q 1 / 1 3	H 1 / 1 3	9 M / 1 3	F Y 1 3	Q 1 / 1 4	H 1 / 1 4
C Ma ke da fo P & L T du ion t ta t r r p ro c
E U	3 % -	4 % -	5 % -	-5 %	-8 %	3 % -	1 % -	1 %	8 %	4 %
N A F T A	1 8 %	2 2 %	1 9 %	1 % 7	1 %	4 %	% 5	% 5	% 5	4 %
E U a d N A F T A c b ine d n om	% 5	6 %	% 4	% 4	% -4	0 %	2 %	3 %	% 7	% 4
W l dw i de or	% 9	% 8	% 6	% 6	% 0	% 2	% 3	% 4	% 5	% 3
Co ine l t ta n n
( S C ) E lec tro ic ta b i l i ty tro l E n s co n	% 1 1	% 1 2	% 1 1	% 1 1	% 1 3	% 1 4	% 1 5	% 1 5	% 1 4	% 1 2
An t i loc k ing bra ke ( A B S )	9 %	7 %	0 %	-4 %	-2 4 %	2 4 % -	2 1 % -	-1 9 %	-1 3 %	1 1 % -
Bo ter os s	1 6 %	8 %	4 %	4 %	-4 %	2 % -	0 %	0 %	8 %	1 0 %
Ca l ip ers	1 5 %	8 %	6 %	6 %	2 %	7 %	7 %	6 %	7 %	2 %
A dv d dr ive is ten t s tem ( A D A S ) an ce r a ss y s s	5 2 %	4 1 %	5 2 %	5 7 %	5 1 %	5 7 %	5 7 %	5 8 %	5 3 %	5 0 %
En ine lec tro ic tro l u i ts ( E C Us ) g e n co n n	2 %	4 % -	9 % -	-1 0 %	-1 1 %	8 % -	4 % -	-1 %	7 %	6 %
In j tor ec s	4 %	4 % -	7 % -	-7 %	-1 0 %	7 % -	3 % -	-1 %	-3 %	3 % -
Tr iss ion an sm s	2 9 %	2 5 %	1 9 %	1 6 %	4 %	7 %	1 0 %	1 2 %	8 %	8 %
Tu bo ha r c rg ers					2 9 6 %	2 0 % 7	1 9 % 7	1 0 8 %	6 4 %	6 8 %
ire Ma ke t da ta t r s
P C & L T r lac t t ire Eu ep em en s rop e	1 0 % -	1 1 % -	1 0 % -	-8 %	-1 0 %	4 % -	1 % -	-1 %	6 %	5 %
P C & L T r lac ire N A F T A t t ep em en s	5 % -	3 % -	3 % -	-2 %	-2 %	0 %	4 %	4 %	7 %	6 %
Co ia l ve h ic le ire O E Eu t mm erc s rop e	3 % -	% 5 -	% 7 -	-4 %	-3 %	0 %	0 %	0 %	1 %	% 7 -
Co ia l ve h ic le ire O E N A F T A t mm erc s	3 1 %	2 % 5	1 4 %	2 %	-1 2 %	1 3 % -	9 % -	-2 %	6 %	1 0 %
Co ia l ve h ic le lac t t ire Eu mm erc rep em en s rop e	2 % 7 -	2 6 % -	1 9 % -	-1 % 4	% 5	8 %	9 %	9 %	1 % 5	6 %
Co ia l ve h ic le lac t t ire N A F T A mm erc rep em en s	% 1 0 -	% 9 -	% 6 -	% -2	% -1	% 2 -	% 2 -	% -2	% 9	% 9
Co ine l t ta n n
Pa d l ig h t tru k t ire ss en g er an c s	3 %	0 %	0 %	0 %	-6 %	1 % -	1 %	2 %	9 %	6 %
Co ia l ve h ic le t ire mm erc s	0 %	2 %	2 %	2 %	-4 %	2 %	5 %	6 %	1 3 %	8 %
Co t i Te h o ic les t h n c rg an sa g row	4 %	3 %	2 %	2 %	-2 %	0 %	0 %	2 %	5 %	2 %

6) Back-up

C ti Hi hli ht H1 2014Corporation Highlights

S l › a e s	f % € ( € ) % I 2 1 t 1 6 9 1 8 1 P Y 1 6 5 7 4 3 i l 5 7 n c r e a s e o o m n : m n ; o r g a n c s a e s u p , ,
E B I T D A ›	I I f f 1 1 % % € € 2 2 6 6 0 0 8 8 ( ( P P Y Y € € 2 2 4 4 9 9 3 3 ) ) 5 5 t t 5 5 7 7 n c r e a s e o o m n m n : , ,
E B I T ›	I t € 1, 8 1 0 1 ( P Y € 1, 6 3 0 6 ) n c r e a s e o m n : m n 1 1 A d j d E B I T i € 1, 9 8 3 ( 1 1. 6 % d j d E B I T i ) t t 5 t s e n c r e a s e o m n a s e m a r g n u u 2 2 f f € f f € P P A t 1 0 1. 8 t t l i l t 4 3 3 e e c m n ; o a s p e c a e e c s m n - -
3 N I A T ›	I € 1, 3 0 3 8 ( P Y € 1, 1 4 1. 9 ) t n c r e a s e o m n m n :
S E P ›	E P S f f € € 6 6 5 5 2 2 ( ( P P Y Y € € 5 5 7 7 1 1 ) ) o : 2 2 S f € 6 8 9 ( € 6 1 f ) E P b P P A P Y 4 b P P A e o r e : e o r e
C › a p e x	C i d € 7 9 3 9 ( P Y € 8 6 7 0 ) i 4 7 % f l t t a p e n c r e a s e o m n m n c a p e r a o o s a e s x : ; x ; 2 2 C 1. 0 ( 1. 1 ) t d i t i P P A a p e x o e p r e c a o n c o v e r a g e x x e x
R & D ›	E f h d d l i d b 8 8 % € 1, 0 3 8 t t 7 p e n s e s o r r e s e a r c a n e e o p m e n n c r e a s e o m n x v y ( € ) & % f ( % ) P Y 9 8 7 0 R D t i 6 3 l P Y 6 0 : m n ; r a o o s a e s :
C h f l › a s o w	O i h f l b € 8 1 9 1 € 1, 4 4 3 f h f l € 4 8 t t 5 5 7 p e r a n g c a s o p m n o m n r e e c a s o m n w u y ; w
N t › e i i d d b b d d t t n e e n e s s	N t i d b t d d b € 1 6 5 t € 4 2 7 2 8 ( Y E 2 0 1 3 ) e n e e n e s s o w n y m n o m n v s , L i i d i d d d i l i d € 8 4 6 t t t t 5 7 q a n n r a n c r e n e s a m o n e o m n u y u w u ,

1Before amortization of intangibles from PPA, consolidation and special effects

3Attributable to the shareholders of the parent

^{2>Amortization of intangibles from PPA, tax rate of 28% applied for EPS calculation}

6) Back-up

K Hi t i l C dit M t i IAS 19 ( 2011) li d ^{6on
ey Historical Credit Metrics – (rev. 2011) applied6}

1 ( ) € m n	2 0 0 9	2 0 1 0	2 0 1 1	2 0 1 2	2 0 1 3	L T M Q 2 2 0 1 4
C h f l t t t a s o w s a e m e n
2 A d j d E B I T D A t s e u	5 2, 3 4	3, 6 6 2	4, 2 4 7	4, 8 2 2	5, 0 9 4	5, 5 3 1
R d E B I T D A t e p o r e	1, 5 9 1	3, 5 8 8	4, 2 2 8	4, 9 6 7	5, 0 9 5	5, 2 2 2
N h i i d t t t e c a s n e r e s p a	2 7 7 -	0 3 7 -	6 6 2 -	5 7 5 -	3 4 5 -	3 9 6 -
T i d a x p a	2 0 5 -	4 9 3 -	4 6 6 -	6 8 4 -	8 0 5 -	7 3 7 -
3 C h i t k i i t l a n g e n n e o r n g c a p a w	5 9 5	4 9 7 -	5 5 6 -	5 6 4	4 -	2 7 3
4 O h t e r	1, 1 3 7	4 6 -	2 6 5 -	4 8 8 -	3 0 -	1 9 7
C f i i f i i i i h l t t t a s o a r s n g r o m o p e r a n g a c e s w v	2, 4 2 7	1, 8 4 9	2, 2 8 9	3, 7 8 5	3, 7 2 2	4, 5 4 1
C h f l i i f i i i i i t t t a s o w a r s n g r o m n v e s n g a c v e s	8 7 7 -	1 2 , 2 8 -	1 8 , 9 7 -	2 2 , 1 3 -	1 4 , 9 0 -	2 0 , 0 6 -
f t h i P P E d i t i b l e r e o c a p e x n a n n a n g e s -	9 1 1 -	1, 3 2 4 -	1, 8 1 3 -	2, 0 8 1 -	2, 0 2 4 -	1, 9 6 9 -
C f f f h l b i i i i i t t a s o w e o r e n a n c n g a c v e s	1, 6 4 0	5 6 7	4 9 1	1, 6 5 3	1, 8 1 8	2, 4 8 1
B l h t a a n c e s e e
C h d h i l t a s a n c a s e q u v a e n s	1 3 , 7 1	1 1 , 4 7	1 1 , 5 4	2 7 , 3 9	2 5 , 0 4	1 9 , 9 1
D i i i d i b i i t t t t t- t t e r a e n s r m e n s a n n e r e s e a r n g n e s m e n s v v u v	1 0 4	2 0 2	2 4 9	5 3 6	3 0 3	3 4 2
T l i d b d t t o a n e e n e s s	1 0, 1 3 7	8, 9 9 1	8, 6 2 5	8, 2 3 5	6, 6 3 8	6, 3 4 5
N i d b d t t e n e e n e s s	8, 8 9 6	7, 3 1 7	6, 7 7 2	5, 3 2 0	4, 2 8 9	4, 2 7 3
C d i i t t r e r a o s
2 N i d b d / d j. E B I T D A t t e n e e n e s s a	3. 8 x	2. 0 x	1. 6 x	1. 1 x	0. 8 x	0. 8 x
5 ( ) N h i i d R i t t t t e c a s n e r e s p a c o v e r a g e a o	3. 2 x	5. 2 x	6. 4 x	8. 4 x	9. 5 x	1 3. 4 x

1Amounts shown may contain rounding differences

2 Adj t d EBITDA f 2009 d fi d i di t d l b t IAS 19 ( 2011) t li d i 2012 Adjusted from 2009 on as defined in syndicated loan but (rev. 2011) not applied in 3

Includes changes in inventories, trade accounts receivable, trade accounts payable and discounted notes

4 Includes dividends received, income from at-equity accounted and other investments incl. impairments, gains and losses from disposals, other non-cash items as well as changes in pension and similar obligations (including effects from transactions regarding contractual trust arrangements [CTA] in 2009) and in other assets and liabilities

5Adj. EBITDA to net cash interest paid

6Since 2012

6) Back-up M t iti ^{1B
Maturitiesf G I d bt d ( €) for Gross Indebtedness (mn}

1 Maturities later than 2018 are bond maturities only; all bond and syndicated loan amounts shown are nominal values; maturities do not add up to gross indebtedness amounting to €6,533.9 mn as at June 30, 2014; CP = Commercial Paper; SoR = Sales of receivables (€950.3 mn total amount as at June 30, 2014)

2 Any utilization under the Revolving Credit Facility (RCF) has to be shown as short term debt according to IFRS although the RCF matures in 2019 and has a total volume of €3,000 mn 3Nominal amount US \$950 mn (exchange rate as at June 30, 2014: 1.3651)

6) Back-up C d D i ti & EPS B kd H1 2014Capex and Depreciation & Breakdown

6) Back-up

A t ti G Fi i l Ch i & S f t Automotive Group Financials – Chassis Safety

• › Sales increased by 6 4% before increased6.4%consolidation and FX effects
• ›EBITDA increased by €3.9 mn to
• › Adj. EBIT1 increased by €1.4 mn to €346 0 mn (adj EBIT1 margin 9 2%) €346.0(adj. EBIT 9.2%)›
• EBIT increased by €13.6 mn to €331.6 mn (EBIT margin 8.9%)
• ›PPA effect in H1 2014: -€14.1 mn
• ›No special effects in H1 2014

Chassis & Safety H1 2014

Sales (mn €) EBITDA margin Adj. EBIT margin 1

6) Back-up A t ti G Fi i l P ti Automotive Group Financials – Powertrain

• › Sales increased by 4 5% before 4.5%consolidation and FX effects
• › EBITDA decreased by €45.1 mn to €282.3 mn (-13.8%)
• › Adj. EBIT1 increased by €12.2 mn to €165 0 mn (adj EBIT1 margin 5 2%) €165.0(adj. EBIT 5.2%)›
• EBIT decreased by €13.0 mn to €97.4 mn (EBIT margin 3.1%)
• ›PPA effect in H1 2014: -€33.1 mn
• ›Special effects in H1 2014: -€34.5 mn

Powertrain H1 2014

Sales (mn €) EBITDA margin Adj. EBIT margin 1

6) Back-up

A t ti G Fi i l It i Automotive Group Financials – Interior

• › Sales increased by 8 9% before increased8.9%consolidation and FX effects
• › EBITDA increased by €45.5 mn to €467.7 mn (+10.8%)
• › Adj. EBIT1 increased by €70.4 mn to €353 6 mn (adj EBIT1 margin 10 3%) €353.6(adj. EBIT 10.3%)›
• EBIT increased by €84.3 mn to €292.5 mn (EBIT margin 8.5%)
• ›PPA effect in H1 2014: -€49.7 mn
• ›

Interior H1 2014

Sales (mn €) EBITDA margin Adj. EBIT margin 1

6) Back-up R bb G Fi i l Ti Rubber Group Financials – Tires

• › Sales increased by 4 9% before 4.9%consolidation and FX effects
• › EBITDA increased by €144.9 mn to €1,137.3 mn (+14.6%)
• › Adj. EBIT1 increased by €121.2 mn to €927 2€927.2(adj. EBIT 19.8%)
• › EBIT increased by €117.6 mn to €923.1 mn (EBIT margin 19.5%)
• ›Special effects in H1 2014: +€0.2 mn

6) Back-up Tires –C i l V hi l Ti D d Commercial Vehicle Tire Demand

Replacement Tire Demand for Truck Tires Europe

Replacement Tire Demand for Truck Tires NAFTA

1BAG = Bundesamt für Güterverkehr (German Federal Office for Goods Transport)

2ATA = American Trucking Association

6) Back-up R bb G Fi i l C tiT hRubber Group Financials – ContiTechContiTech H1 2014

• › Sales increased by 1 8% before increased1.8%consolidation and FX effects
• › EBITDA decreased by €16.8 mn to 1,854.6€276.6 mn (-5.7%)
• › Adj. EBIT1 decreased by €19.6 mn to €220 8 mn (adj EBIT1 margin 11 4%) €220.8(adj. EBIT 11.4%)›
• EBIT decreased by €17.1 mn to €219.8 mn (EBIT margin 11.3%)

Fact Sheets 2012 – 2014

6) Fact Sheets Quarterly Sales Analysis

Sa ( ) les € m n	2 0 1 2			2 0 1 3				2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	1, 8 1 2. 4	1, 7 8 0. 9	1, 7 2 5. 0	1, 7 3 4. 2	7, 0 5 2. 5	1, 7 9 2. 9	1, 8 6 0. 8	1, 8 0 0. 1	1, 8 1 5. 4	7, 2 6 9. 2	1, 8 7 8. 2	1, 8 6 8. 5
Po in tra we r	1, 6 2 6. 2	1, 2. 5 7 5	1, 4 8 4. 8	1, 4 1. 3 5	6, 1 3 4. 8	1, 2 6. 1 5	1, 6 0 6. 5	1, 6 1. 3 5	1, 6 6. 4 5	6, 2 6 0. 3	1, 9. 1 5 7	1, 9 8. 4 5
In ter ior	1, 6 6 0. 9	1, 6 1 4. 4	1, 5 8 2. 3	1, 5 7 6. 6	6, 4 3 4. 2	1, 6 2 0. 1	1, 7 2 3. 3	1, 6 1 2. 5	1, 6 4 9. 8	6, 6 0 5. 7	1, 6 9 9. 1	1, 7 3 3. 9
T ire s	2, 3 6 6. 8	2, 3 5 1. 7	2, 4 8 4. 9	2, 4 6 1. 6	9, 6 6 5. 0	2, 2 2 2. 2	2, 4 1 9. 0	2, 4 7 8. 2	2, 4 6 3. 8	9, 5 8 3. 2	2, 3 1 8. 3	2, 4 0 5. 9
Co t i Te h n c	9 2 3. 0	9 3 1. 6	9 2 4. 0	9 3 3. 2	3, 7 1 1. 8	9 4 1. 6	9 9 8. 7	9 6 1. 9	9 7 6. 1	3, 8 7 8. 3	9 7 3. 4	9 7 8. 6
O O h he / Co C l l i i da d i ion t t t t r ns o	6 9 8. -	-6 4 4.	-6 6 7.	-6 1 2.	-2 6 2 1.	-6 9 6.	-6 7 3.	-6 4 4.	-6 4 4.	-2 6 5 7.	-5 8 0.	-5 7 3.
Co t ine ta l Co t ion n n rp ora	8, 3 1 9. 5	8, 1 8 6. 7	8, 1 3 4. 3	8, 0 9 5. 7	3 2, 7 3 6. 2	8, 0 3 3. 3	8, 5 4 1. 0	8, 3 4 9. 6	8, 4 0 7. 1	3 3, 3 3 1. 0	8, 3 9 0. 1	8, 5 2 8. 0

C in ha Y- Y % ng es o-			2 0 1 3			2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	-1. 1 1 1	4 4. 5 5	4 4. 4 4	4 4. 7 7	3 3. 1 1	4 4. 8 8	0 0. 4 4
Po in tra we r	6. 2 -	2. 2	5. 2	7. 9	2. 0	3. 5	0. 5 -
In ter ior	-2. 5	6. 7	1. 9	4. 6	2. 7	4. 9	0. 6
T ire s	-6. 1	2. 9	0. 3 -	0. 1	0. 8 -	4. 3	0. 5 -
Co i Te h t n c	2. 0	7. 2	4. 1	4. 6	4. 5	3. 4	2. 0 -
Co t ine ta l Co t ion n n rp ora	3. 4 -	4. 3	2. 6	3. 8	1. 8	4. 4	0. 2 -

6) Fact Sheets Q t l EBITDA A l i Quarterly EBITDAAnalysis

( ) E B I T D A € mn	2 0 1 2					2 0 1 3			2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	2 4 9. 8	2 5 7. 3	2 3 7. 3	2 6 3. 5	1, 0 0 7. 9	2 4 1. 8	2 5 0. 3	2 4 5. 8	2 5 2. 3	9 9 0. 2	2 5 4. 0	2 4 2. 0
Po tra in we r	1 6 4. 2	1 5 3. 0	1 2 5. 0	1 6 6. 8	6 0 9. 0	1 5 8. 9	1 6 8. 5	1 6 0. 7	1 6 2. 1	6 5 0. 2	1 5 7. 0	1 2 5. 3
In ter ior	1 9 9. 4	2 1 2. 2	1 9 4. 0	2 4 7. 7	8 5 3. 3	2 0 2. 1	2 2 0. 1	2 1 4. 5	2 1 3. 5	8 5 0. 2	2 2 3. 2	2 4 4. 5
T ire s	4 6 8. 5	5 3 0. 7	5 2 2. 4	4 8 3. 5	2, 0 0 5. 1	4 5 9. 2	5 3 3. 2	5 9 0. 9	5 5 4. 4	2, 1 3 7. 7	5 4 5. 4	5 9 1. 9
Co t i Te h n c	1 4 0. 3	1 4 8. 0	1 4 4. 2	1 2 6. 4	5 5 8. 9	1 3 5. 9	1 5 7. 5	1 3 9. 7	1 4 3. 2	5 7 6. 3	1 4 3. 7	1 3 2. 9
O t he / Co l i da t ion r ns o	-1 8 3.	-1 2 5.	-2 4 6.	-1 1 4.	-6 6 8.	-2 8 5.	-1 9 7.	-2 9 1.	-3 2 3.	-1 0 9 6.	-2 7 5.	-2 6 6.
Co t ine ta l Co t ion n n rp ora	1, 2 0 3. 9	1, 2 8 8. 7	1, 1 9 8. 3	1, 2 7 6. 5	4, 9 6 7. 4	1, 1 6 9. 4	1, 3 0 9. 9	1, 3 2 2. 5	1, 2 9 3. 2	5, 0 9 5. 0	1, 2 9 5. 8	1, 3 1 0. 0

E B I T D A in in % ma rg		2 0 1 2			2 0 1 3				2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	1 3. 8	1 4. 4	1 3. 8	1 2 5.	1 4. 3	1 3. 5	1 3. 5	1 3. 7	1 3. 9	1 3. 6	1 3. 5	1 3. 0
Po in tra we r	1 0. 1	9. 7	8. 4	1 1. 5	9. 9	1 0. 4	1 0. 5	1 0. 3	1 0. 3	1 0. 4	9. 9	8 7.
In ior ter	1 2. 0	1 3. 1	1 2. 3	1 5. 7	1 3. 3	1 2. 5	1 2. 8	1 3. 3	1 2. 9	1 2. 9	1 3. 1	1 4. 1
T ire s	1 9. 8	2 2. 6	2 1. 0	1 9. 6	2 0. 7	2 0. 7	2 2. 0	2 3. 8	2 2. 5	2 2. 3	2 3. 5	2 4. 6
Co i Te h t n c	1 5. 2	1 5. 9	1 5. 6	1 3. 5	1 5. 1	1 4. 4	1 5. 8	1 4. 5	1 4. 7	1 4. 9	1 4. 8	1 3. 6
Co ine l Co ion t ta t n n rp ora	1 4. 5	1 5. 7	1 4. 7	1 8 5.	1 2 5.	1 4. 6	1 3 5.	1 8 5.	1 4 5.	1 3 5.	1 4 5.	1 4 5.

C ha Y- Y in % ng es o-	2 0 1 3					2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	-3. 2	2. 7 -	3. 6	4. 3 -	1. 8 -	5. 0	3. 3 -
Po tra in we r	-3. 2	1 0. 1	2 8. 6	2. 8 -	6. 8	1. 2 -	2 5. 6 -
In ter ior	1. 4	3. 7	1 0. 6	1 3. 8 -	0. 4 -	1 0. 4	1 1. 1
T ire s	-2. 2 0 0	0 0. 5 5	1 1 3 3. 1 1	1 1 4 4. 7 7	6 6. 6 6	1 1 8 8. 8 8	1 1 1 1. 0 0
Co t i Te h n c	-3. 1	6. 4	3. 1 -	1 3. 3	3. 1	5. 7	1 5. 6 -
Co Co t ine ta l t ion n n rp ora	2. 9 -	1. 6	1 0. 4	1. 3	2. 6	1 0. 8	0. 0

6) Fact Sheets Q t l A l i f Adj t d EBIT ^{1br> uarterly Analysis of Adjusted EBIT1}

1 1 A d j d E B I T ( € ) te us m n			2 0 1 3					2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	1 6 8. 5	1 6. 1 7				1 9. 2 7	1 6 6. 8
Po in tra we r	5 9. 6	9 3. 2				8 1. 0	8 4. 0
In te ior r	1 2 2. 9	1 6 0. 3				1 6 2. 7	1 9 0. 9
T ire s	3 6 6. 3	4 3 9. 7				4 4 2. 5	4 8 4. 7
Co t i Te h n c	1 0 9. 9	1 3 0. 5				1 1 5. 3	1 0 5. 5
O t he / Co l i da t ion r ns o	3 1. 0 -	1 9. 7 -				2 7. 6 -	2 6. 7 -
Co t ine ta l Co t ion n n rp ora	7 9 6. 2	9 8 0. 1				9 5 3. 1	1, 0 0 5. 2

1 m A d j d E B I T in in % te us ar g		2 0 1 3						2 0 1 4
1	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	9. 4	9. 5				9. 5	8. 9
Po tra in we r	3. 9	5. 8				5. 1	5. 3
In te ior r	7. 8	9. 5				9. 6	1 1. 0
T ire s	1 6. 5	1 8. 2				1 9. 3	2 0. 4
Co i Te h t n c	1 1. 7	1 3. 1				1 2. 0	1 0. 9
C Co i ine l l C Co i ion t t t ta t t n n rp ora	1 0 0.	1 1 5.				1 1 4.	1 1 8.

		2 0 1 4
Q 1	Q 2	Q 3	Q 4	F Y
6. 4	5. 3 -
3 3 5 5. 9 9	-9 9 9 9
3 2. 4	1 9. 1
2 0. 8	1 0. 2
4. 9	1 9. 2 -
1 9. 7	2. 6

1Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects

6) Fact Sheets Q t l EBIT A l i Quarterly Analysis

( ) E B I T € m n		2 0 1 2					2 0 1 3					2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	1 6 6. 8	1 3. 0 7	1 3. 3 5	1 9. 6 7	6 2. 7 7	1 3 5 5.	1 6 2. 7	1 1 5 5.	1 2 8 5.	9 8. 9 5	1 2. 3 7	1 9. 3 5
Po in tra we r	4 5. 8	3 7. 0	5. 5	4 0. 0 -	4 8. 3	5 2. 1	5 8. 3	4 9. 5	1 9. 6	1 7 9. 5	6 4. 5	3 2. 9
In ter ior	9 2. 8	1 0 2. 5	8 1. 1	1 3 7. 1	4 1 3. 5	9 5. 7	1 1 2. 5	1 0 4. 4	6 8. 0	3 8 0. 6	1 3 7. 8	1 5 4. 7
T ire s	3 8 4. 3	4 4 2. 9	4 3 2. 6	4 0 6. 7	1, 6 6 6. 5	3 6 5. 2	4 4 0. 3	4 9 4. 6	4 5 2. 6	1, 7 5 2. 7	4 4 0. 7	4 8 2. 4
Co i Te h t n c	1 1 8 5.	1 2 3. 6	1 1 8. 9	9 3 5.	4 3. 6 5	1 0 7. 7	1 2 9. 2	1 1 1. 8	1 1 3. 4	4 6 2. 1	1 1 5. 5	1 0 4. 3
O O t t h he / Co C l l i i da d t t i ion r ns o	1 8 3. -	-1 2 8.	-2 4 6.	-1 2 7.	-6 8 4.	-2 8 6.	-1 9 8.	-2 9 1.	-3 2 6.	-1 1 0 1.	-2 7 6.	-2 6 7.
Co t ine ta l Co t ion n n rp ora	7 8 7. 2	8 6 6. 2	7 6 6. 8	7 6 6. 0	3, 1 8 6. 2	7 4 7. 4	8 8 3. 2	8 8 6. 3	7 4 6. 8	3, 2 6 3. 7	9 0 3. 2	9 0 6. 9

in in E B I T % ma rg		2 0 1 2						2 0 1 3			2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	9. 2	9. 7	8. 9	1 0. 4	9. 5	8. 7	8. 7	8. 6	6. 9	8. 2	9. 2	8. 5
Po in tra we r	2. 8	2. 4	0. 4	2. 8 -	0. 8	3. 4	3. 6	3. 2	1. 3	2. 9	4. 1	2. 1
In ter ior	5. 6	6. 3	5. 1	8. 7	6. 4	5. 9	6. 5	6. 5	4. 1	5. 8	8. 1	8. 9
T ire s	1 6. 2	1 8. 8	1 7. 4	1 6. 5	1 7. 2	1 6. 4	1 8. 2	2 0. 0	1 8. 4	1 8. 3	1 9. 0	2 0. 1
Co i Te h t n c	1 2. 5	1 3. 3	1 2. 9	1 0. 2	1 2. 2	1 1. 4	1 2. 9	1 1. 6	1 1. 6	1 1. 9	1 1. 9	1 0. 7
Co t ine ta l Co t ion n n rp ora	9. 5	1 0. 6	9. 4	9. 5	9. 7	9. 3	1 0. 3	1 0. 6	8. 9	9. 8	1 0. 8	1 0. 6

C ha Y- Y in % ng es o-	2 0 1 3					2 0 1 4
	Q 1	Q 2	Q 3	Q 4	F Y	Q 1	Q 2	Q 3	Q 4	F Y
C & S	-6 9	6. 0 -	1. 2	3 0. 0 -	1 1. 0 -	1 0. 9	2. 1 -
Po tra in we r	1 3. 8	5 7. 6	8 0 0. 0	1 4 9. 0	2 7 1. 6	2 3. 8	4 3. 6 -
In ior ter	3. 1	9. 8	2 8. 7	0. 0. 4 4 -5 5	-8. 8. 0 0	4 4. 0	3 7. 5
T ire s	0 -5	0. 6 -	1 4. 3	1 1. 3	2 5.	2 0. 7	9. 6
Co t i Te h n c	7. 0 -	4. 5	6. 0 -	1 9. 0	1. 9	7. 2	1 9. 3 -
Co t ine ta l Co t ion n n rp ora	5. 1 -	2. 0	1 5. 6	2. 5 -	2. 4	2 0. 8	2. 7

C lid t d St t t f I ConsolidatedStatement of Income

( € ) m n	H 1 2 0 1 2	H 1 2 0 1 3	H 1 2 0 1 4
S l a e s	5 1 6, 0 6. 2 ,	5 1 6, 7 4. 3 ,	1 6, 9 1 8. 1 ,
C f l t o s o s a e s	-1 2, 9 3 1. 3	1 2, 7 7 6. 1 -	1 2, 6 9 4. 9 -
G i l r o s s m a r g n o n s a e s	5 3, 7 4. 9	3, 7 9 8. 2	4, 2 2 3. 2
R h d d l t e s e a r c a n e v e o p m e n e x p e n s e s	-9 0 0. 5	9 8 7. 0 -	1, 0 7 3. 8 -
S l l i d l i i t e n g a n o g s c s e x p e n s e s	-7 6 8 5.	-8 1 8 7.	-8 7 3 4.
A d i i i t t m n s r a v e e x p e n s e s	-3 2 2. 0	3 5 2. 1 -	3 8 1. 2 -
O t h i d e r n c o m e a n e x p e n s e s	3 2. 1	2 4. 7 -	6 7. 3 -
I f t- i t t d i t n c o m e r o m a e q u y a c c o u n e n v e s e e s	2 9. 9	1 4. 8	1 7. 7 -
O O t t h h i i f f i i t t t t e r n c o m e r o m n v e s m e n s	7. 5	0. 1	0. 3
E i b f i d t t t a r n n g s e o r e n e r e s a n a e s x	5 1, 6 3. 4	1, 6 3 0. 6	1, 8 1 0. 1
1 I i t t n e r e s n c o m e	4 8. 7	4 1. 5	4 6. 3
1, 2 I t t n e r e s e x p e n s e	-2 6 9. 9	4 0 1. 9 -	1 8 6. 8 -
N i t t t e n e r e s e p e n s e x	-2 2 1. 2	3 6 0. 4 -	1 4 0. 5 -
E i b f t a r n n g s e o r e a x e s	1, 4 3 2. 2	1, 2 7 0. 2	1, 6 6 9. 6
I t n c o m e a x e x p e n s e	-3 9 6. 7	8 3. 8 -	3 2 3. 9 -
N i t e n c o m e	1 1, 0 0 3 3 5 5. 5 5	1 1, 1 1 8 8 6 6. 4 4	1 1, 3 3 4 4 5 5. 7 7
N l l i i t t t o n- c o n r o n g n e r e s s	-3 2. 3	4 4. 5 -	4 1. 9 -
N i i b b l h h h l d f h t t t t t t t t e n c o m e a r u a e o e s a r e o e r s o e p a r e n	1, 0 0 3. 2	1, 1 4 1. 9	1, 3 0 3. 8
B i i h h i i E U R a s c e a r n n g s p p e e r r s s a a r r e e n n	5. 0 2	5. 7 1	5 6. 2
D i l d i h i E U R t e e a r n n g s p e r s a r e n u	5. 0 2	5. 7 1	6. 5 2

1 Including interest effects from pension obligations, from other long-term employee benefits, and from pension funds. In the prior years, the resulting income was reported under interest expense; the comparative figures for the prior years have been adjusted accordingly

2Including gains and losses from foreign currency translation, from changes in the fair value of derivative instruments as well as from available-for-sale financial assets

C lid t d St t t f Fi i l P iti ConsolidatedStatement of Financial Position – A t sse s

A i € i l l i t s s e s n m o n s	J 3 0, 2 0 1 4 u n e	3 1, 2 0 1 3 D e c.	J 3 0, 2 0 1 3 u n e
G d i l l o o w	6 0 4 5, 5.	2 0. 9 5, 5	6 0 5, 5. 7
O h i i b l t t t e r n a n g e a s s e s	4 0 7 7.	5 5 7 7.	3 0 6. 7
P l d i t t t r o p e r y, p a n a n e q u p m e n	7, 9 2 4 0	2 8. 0 7, 7	7, 6. 5 5 5
I t t t n v e s m e n p r o p e r y	1 9. 9	2 0. 4	1 9. 4
I i i d i t t t- t t t n v e s m e n s n a e q u y a c c o u n e n v e s e e s	4 1 0. 6	4 0. 0 5	4 0. 9 5
O O h h i i t t t t t t e r n v e s m e n s	1 0 6.	9. 7	6 9.
D f d t t e e r r e a x a s s e s	1, 1 0 6. 3	9 2 8. 4	1, 1 0 2. 7
D f i d b f i t t e n e e n e a s s e s	7. 5	6. 0	2. 1
L d i i i d i t t t t t t o n g e r m e r v a v e n s r u m e n s a n n e r e s -
b i i t t e a r n g n v e s m e n s	2 9 9. 8	2 8 5. 1	2 6 1. 2
O f t h l t i i l t e r o n g e r m n a n c a a s s e s -	3 3. 4	0 4 5.	2 2. 3
O t h l t t e r o n g e r m a s s e s -	2 1. 2	2 0. 1	1 2. 8
N t t o n- c u r r e n a s s e s	1 5, 9 0 9. 4	1 6 9. 5, 5 5	1 5, 1. 1 7 7
I t i n v e n o r e s	3, 1 8. 6 7	2, 8 3 0. 9	3, 1 6 0. 3
T d t i b l r a e a c c o u n s r e c e v a e	9 0. 2 5, 5	3 1 8 5, 5.	9 2 2. 1 5,
O f t h h t- t i i l t e r s o r e r m n a n c a a s s e s	3 8 1. 0	3 3 6. 2	3 4 2. 9
O t h h t- t t e r s o r e r m a s s e s	6 1. 3 7	6 0 1. 2	2 7 7. 7
I t i b l n c o m e a x r e c e v a e s	6 7. 0	6 9. 3	8 1. 4
S h t- t d i t i i t t d i t t o r e r m e r v a v e n s r u m e n s a n n e r e s
b i i t t e a r n g n v e s m e n s	4 1. 9	1 8. 3	2 2 3. 6
C h d h i l t a s a n c a s e q u v a e n s	1 1, 9 9 1 1 9 9. 4 4	2 2, 0 0 4 4 4 4. 8 8	1 1, 8 8. 9 9 5 5 7 7
f A t h l d l s s e s e o r s a e	3 1. 9	3 4. 8	3 6. 6
C t t r r e n a s s e s u	1 2, 3 3 1. 3	1 1, 2 1. 3 5	5 1 2, 0 7 3.
T l t t o a a s s e s	2 8, 2 4 0. 7	2 6, 8 2 0. 8	2 8 4 4. 6 7,

Consolidated Statement of Financial Position –Total Equity and Liabilities

i i i i i i i i T l d l b l € l l t t t o a e q a n a e s n m o n s u y	J 3 0, 2 0 1 4 n e u	D 3 1, 2 0 1 3 e c.	J 3 0, 2 0 1 3 u n e
S b i b d i t l u s c r e c a p a	5 1 2. 0	5 1 2. 0	5 1 2. 0
C i t l a p a r e s e r v e s	4 4, 1 1 5 5 5 5. 6 6	4 4, 1 1 5 5 5 5. 6 6	4 4, 1 1 5 5 5 5. 6 6
R t i d i e a n e e a r n n g s	6, 3 3 9. 1	5, 5 3 5. 3	4, 7 5 4 1
O t h h i i e r c o m p r e e n s v e n c o m e	1, 2 6 2. 5 -	1, 1 9 1. 7 -	9 7 8. 6 -
i i f E b b l h h h l d h t t t t t t t t q a r a e o e s a r e o e r s o e p a r e n u y u	9, 7 4 4. 2	9, 0 1 1. 2	8, 4 4 3. 1
N t l l i i t t o n- c o n r o n g n e r e s s	3 3 1. 9	3 1 1 0.	3 3 3. 2
T l i t t o a e q u y	1 0, 0 7 6. 1	9, 3 2 2. 2	8, 7 7 6. 3
f P i i i l i b i l i t i d i i l b l i t i r o v s o n s o r p e n s o n a e s a n s m a r o g a o n s	2, 6 8 2. 9	2, 3 9 1. 1	2, 4 7 1. 1
f D d t l i b i l i t i e e r r e a x a e s	1 2. 0 5	1 1 3. 2	2 8 8. 8
f L t i i t h i k d b l i t i o n g e r m p r o v s o n s o r o e r r s s a n o g a o n s -	2 8 3. 4	2 6 6. 9	2 9 0. 4
f L t t i i d b t d o n g e r m p o r o n o n e e n e s s -	5, 0 4 1. 6	5, 0 4 1. 2	3, 2 7 4 2
O f t h l t i i l l i b i l i t i e r o n g e r m n a n c a a e s -	9 4 4	1 6. 2	1 2. 4
O t h l t l i b i l i t i e r o n g e r m a e s -	2. 9 4	4 2. 2	5 5. 5
N l i b i l i i t t o n- c r r e n a e s u	8, 2 4 7. 7	8 0. 8 7, 7	6, 3 9 2. 4
T d b l t r a e a c c o u n s p a y a e	4, 2 8. 0 7	4, 5 9 6. 3	4, 3 6. 2 7
I t b l n c o m e a x p a y a e s	6 1 9. 9	5 8 8. 2	6 2 8 5.
S f h t t i i t t h h i k d b l i t i o r e r m p r o v s o n s o r o o e e r r r s s a n o g a o n s -	9 1 5 5.	6 3 1 1.	9 3 8. 5
I d b d t n e e n e s s	1, 4 9 2. 3	1, 5 9 6. 3	4, 8 0 1. 4
O h h f i i l l i b i l i i t t- t t e r s o r e r m n a n c a a e s	1, 4 0 6 5.	1, 4 4 8. 0	1, 3 4 2. 9
O h h l i b i l i i t t- t t e r s o r e r m a e s	1, 0 8. 7 7	7 6 7. 9	9 3 3. 7
L i b i l i i h l d f f l t a e s e o o r r s a e	0 9.	—	2 1.
C l i b i l i i t t r r e n a e s u	9, 9 1 6. 9	9, 6 2 8 7.	1 2, 6 5. 9 7
T l i d l i b i l i i t t t o a e q u y a n a e s	2 8, 2 4 0. 7	2 6, 8 2 0. 8	2 8 4 4. 6 7,

C lid t d St t t f C h Fl ConsolidatedStatement of Cash Flows

	January 1 to June 30		Second Quarter
in $\notin$ millions	2014	2013	2014	2013
Net income	1,345.7	1,186.4	738.1	723.1
Income tax expense	323.9	83.8	108.3	$-77.2$
Net interest expense	140.5	360.4	60.5	237.3
EBIT	1,810.1	1,630.6	906.9	883.2
Interest paid	$-97.4$	$-239.4$	$-36.6$	$-57.3$
Interest received	12.6	15.8	5.6	8.6
Income tax paid	$-352.0$	$-420.2$	$-173.7$	$-216.0$
Dividends received	16.1	20.6	0.5	5.0
Depreciation, amortization, impairment and reversal of impairment losses	795.7	848.7	403.1	426.7
Income from at-equity accounted and other investments, incl. impairment and reversal of impairment losses	17.4	$-14.9$	25.8	$-12.2$
Gains from the disposal of assets, companies and business operations	$-3.4$	-84.2	3.6	$-1.9$
Other non-cash items		$-2.4$
Changes in
inventories	$-294.3$	$-194.6$	$-26.2$	0.7
trade accounts receivable	$-578.0$	$-928.8$	181.8	$-129.8$
trade accounts payable	87.0	61.3	$-90.2$	$-55.0$
pension and similar obligations	4.3	$-9.2$	3.8	$-6.7$
other assets and liabilities	25.4	$-58.9$	$-179.7$	$-179.5$
Cash flow arising from operating activities	1,443.5	624.4	1,024.7	665.8
Proceeds on the disposal of property, plant and equipment, and intangible assets	26.0	11.8	8.2	7.0
Capital expenditure on property, plant and equipment, and software	$-793.9$	$-866.7$	$-453.0$	$-435.4$
Capital expenditure on intangible assets from development projects and miscellaneous	$-33.4$	$-15.7$	$-18.7$	$-8.4$
Proceeds on the disposal of companies and business operations	0.2	248.5	$\equiv$	$-1.8$
Acquisition of companies and business operations	$-67.6$	$-90.5$	$-49.9$	$-4.3$
Cash flow arising from investing activities	-868.7	$-712.6$	$-513.4$	$-442.9$
Cash flow before financing activities (free cash flow)	574.8	-88.2	511.3	222.9
Change in indebtedness	$-185.4$	$-199.3$	$-101.9$	$-41.7$
Successive purchases	—	$-48.5$		$-43.9$
Dividends paid	$-500.0$	$-450.0$	$-500.0$	$-450.0$
Dividends paid and repayment of capital to non-controlling interests	$-26.5$	$-19.7$	$-25.6$	$-18.7$
Cash and cash equivalents arising from first consolidation of subsidiaries	0.2	0.4	$\overline{\phantom{0}}$
Cash flow arising from financing activities	$-711.7$	$-717.1$	$-627.5$	$-554.3$
Change in cash and cash equivalents	$-136.9$	$-805.3$	$-116.2$	$-331.4$
Cash and cash equivalents at the beginning of the reporting period	2,044.8	2,397.2	2,008.0	1,962.7
Effect of exchange rate changes on cash and cash equivalents	11.5	$-13.0$	27.6	$-52.4$
Cash and cash equivalents at the end of the reporting period	1,919.4	1,578.9	1,919.4	1,578.9

6) Fact Sheets Q2 2014 R lt R t d d Adj t d ( Results Reported and Adjusted (mn €) – b Di i i by Division

	C Sa ha is & fe ty ss		Po tra in we r		In ter ior		T ire s		Co t i Te h n c		Co / Co ns rr.		Co t ion rp or a
	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4
Sa les	1, 8 6 0. 8	1, 8 6 8. 5	1, 6 0 6. 5	1, 5 9 8. 4	1, 7 2 3. 3	1, 7 3 3. 9	2, 4 1 9. 0	2, 4 0 5. 9	9 9 8. 7	9 7 8. 6	6 7. 3 -	5 7. 3 -	8, 5 4 1. 0	8, 5 2 8. 0
E B I T in % of sal es	1 6 2. 7 % 8.7	1 5 9. 3 % 8.5	5 8. 3 % 3.6	3 2. 9 % 2.1	1 1 2. 5 % 6.5	1 5 4. 7 % 8.9	4 4 0. 3 .2% 18	4 8 2. 4 .1% 20	1 2 9. 2 .9% 12	1 0 4. 3 .7% 10	1 9. 8 -	2 6. 7 -	8 8 3. 2 .3% 10	9 0 6. 9 .6% 10
iza ion f in i fro Am t t tan b le ts P P A or o g as se m	1 3. 3	7. 3	3 3. 3	1 6. 6	4 8. 1	2 4. 8	1. 0	1. 0	1. 2	1. 4	0. 1	0. 0	9 7. 0	5 1. 1
To l s ia l e f fec ta ts p ec	0. 3 -	0. 0	1. 4	3 4. 5	0. 0	1 1. 4	1. 6 -	0. 0	0. 1	1. 2 -	0. 0	0. 0	0. 4 -	4 4. 7
i ion f fec To ta l c l da t ts on so e	0. 4	0. 2	0. 2	0. 0	0. 3 -	0. 0	0. 0	1. 3	0. 0	1. 0	0. 0	0. 0	0. 3	2. 5
To l c l i da ion & ia l e f fec ta t ts on so sp ec	0. 1	0. 2	1. 6	3 4. 5	0. 3 -	1 1. 4	1. 6 -	1. 3	0. 1	0. 2 -	0. 0	0. 0	0. 1 -	4 2 7.
1 A d j d o ing l ( d j. E B I T ) te t t us p era re su a in % of adj ed sal ust es	1 7 6. 1 9.5 %	1 6 6. 8 8.9 %	9 3. 2 5.8 %	8 4. 0 5.3 %	1 6 0. 3 9.5 %	1 9 0. 9 11 .0%	4 3 9. 7 18 .2%	4 8 4. 7 20 .4%	1 3 0. 5 13 .1%	1 0 5. 5 10 .9%	1 9. 7 -	2 6. 7 -	9 8 0. 1 11 .5%	1, 0 0 5. 2 11 .8%

1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects g g p p

6) Fact Sheets H1 2014 R lt R t d d Adj t d ( Results Reported and Adjusted (mn €) – b Di i i by Division

	C ha is & Sa fe ty ss		Po in rtr we a		Int ior er		T ire s		Co i Te h nt c		Co / Co ns rr.		Co ion t rp or a
	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4	2 0 1 3	2 0 1 4
Sa les	5 3, 6 3. 7	3, 7 4 6. 7	3, 1 3 2. 6	5 3, 1 7 7.	3, 3 4 3. 4	3, 4 3 3. 0	4, 6 4 1. 2	4, 7 2 4. 2	1, 9 4 0. 3	5 1, 9 2. 0	1 3 6. 9 -	5. 1 1 3 -	5 1 6, 7 4. 3	1 6, 9 1 8. 1
E B I T in % of sal es	3 1 8. 0 8.7 %	3 3 1. 6 8.9 %	1 1 0. 4 3.5 %	9 7. 4 3.1 %	2 0 8. 2 6.2 %	2 9 2. 5 8.5 %	8 0 5. 5 17 .4%	9 2 3. 1 19 .5%	2 3 6. 9 12 .2%	2 1 9. 8 11 .3%	4 8. 4 -	5 4. 3 -	1, 6 3 0. 6 9.8 %	1, 8 1 0. 1 10 .7%
Am iza ion f int i b le fro P P A t t ts or o an g as se m	2 6. 4	1 4. 1	6 6. 5	3 3. 1	9 6. 0	4 9. 7	2. 1	2. 0	2. 7	2. 9	0. 1	0. 0	1 9 3. 8	1 0 1. 8
To l s ia l e f fec ta ts p ec	0. 3 -	0. 0	2 4. 4 -	3 4. 5	1 9. 6 -	1 1. 4	1. 6 -	0. 2 -	0. 8	2. 4 -	2. 4 -	0. 0	4 5 7. -	4 3. 3
i ion f fec To ta l c l da t ts on so e	0. 5	0. 3	0. 3	0. 0	1. 4 -	0. 0	0. 0	2. 3	0. 0	0. 5	0. 0	0. 0	0. 6 -	3. 1
To l c l i da ion & ia l e f fec ta t ts on so sp ec	0. 2	0. 3	2 4. 1 -	3 4. 5	2 1. 0 -	1 1. 4	1. 6 -	2. 1	0. 8	1. 9 -	2. 4 -	0. 0	4 8. 1 -	4 6. 4
1 ( ) A d j te d o t ing lt d j. E B I T us p era re su a in % of adj ust ed sal es	3 4 4. 6 9.4 %	3 4 6. 0 9.2 %	1 5 2. 8 4.9 %	1 6 5. 0 5.2 %	2 8 3. 2 8.7 %	3 5 3. 6 10 .3%	8 0 6. 0 17 .4%	9 2 7. 2 19 .8%	2 4 0. 4 12 .4%	2 2 0. 8 11 .4%	5 0. 7 -	5 4. 3 -	1, 7 7 6. 3 10 .8%	1, 9 5 8. 3 11 .6%

1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects g g p p

Q2 and H1 2014 Results Reported and Adjusted (mn €) – by Group

				Q2 20	13/ 20 14			YT D J - J e 2 01 3/2 01 4 an ua ry un
	A Au t tom oti ti ve		R Ru bb bb er		C Co ./C /C ns orr		C Co rat ti ion rpo		A Au t tom oti ti ve		R Ru bb bb er		C Co ./C /C ns orr		C Co rat ti ion rpo
	20 13	20 14	20 13	20 14	20 13	20 14	20 13	20 14	20 13	20 14	20 13	20 14	20 13	20 14	20 13	20 14
Sa les	5, 159 .5	5, 176 .0	3, 39 2.0	3, 36 1.8	-10 .5	-9. 8	8, 54 1.0	8, 52 8.0	10 07 0.7 ,	10 30 4.8 ,	6, 52 4.0	6, 63 3.1	-20 .4	-19 .8	16 57 4.3 ,	16 91 8.1 ,
EB IT in % of sale s	33 3.5 6.5 %	34 6.8 6.7 %	56 9.5 16. 8%	58 6.8 17. 5%	-19 .8	-26 .7	88 3.2 10. 3%	90 6.9 10. 6%	63 6.6 6.3 %	72 1.4 7.0 %	1, 04 2.4 16. 0%	1, 143 .0 17. 2%	-48 .4	-54 .3	1, 63 0.6 9.8 %	1, 81 0.1 10. 7%
Am iza tio f in ible fro PP A ort tan ts n o g as se m	94 .7	48 .7	2.3	2.5	0.0	0.0	97 .0	51 .1	18 8.9	96 .9	4.9	5.0	0.0	0.0	19 3.8	10 1.8
To tal ial eff ts sp ec ec	1.1	45 .9	-1. 5	-1. 2	0.0	0.0	-0. 4	44 .7	-44 .3	45 .9	-0. 8	-2. 6	-2. 4	0.0	-47 .5	43 .3
To tal oli da tio ffe cts co ns n e	0.3	0.2	0.0	2.3	0.0	0.0	0.3	2.5	-0. 6	0.3	0.0	2.8	0.0	0.0	-0. 6	3.1
To tal oli da tio n & ial eff ts co ns sp ec ec	1.4	46 .1	-1. 1.5 5	1.1	0.0	0.0	-0. 0.1 1	47 .2	-44 44 .9 .9	46 .2	-0. 0.8 8	0.2	-2. 2.4 4	0.0	-48 48 .1 .1	46 .4
1 Ad jus ted tin ult (a dj. EB IT) op era g r es in % of adju ste d s ales	42 9.6 % 8.4	44 1.6 % 8.5	57 0.3 8% 16.	59 0.4 8% 17.	-19 .8	-26 .7	98 0.1 5% 11.	1, 00 5.2 8% 11.	78 0.6 % 7.8	86 4.5 % 8.4	1, 04 6.5 0% 16.	1, 148 .2 5% 17.	-50 .8	-54 .3	1, 77 6.3 8% 10.	1, 95 8.3 6% 11.

1Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects

6) Fact Sheets Sh h ld St t Shareholder Structure

Source: Based on publicly available data

6) Fact Sheets D l t f C ti t l' C dit R ti Development of Continental's Credit Rating

1 Solicited rating since May 2000 2 Solicited rating until January 2014 3 Solicited rating since November 2013

H1 2014 Results – July 31, 2014 EDMR – Equity and Debt Markets Relations ⁵³

ReferencesU f l Li k d R f Useful Links andReferences

C t i t l I t o n n e n a n e s o r v R l t i b i t e a o n s w e s e	h t t / / t i t l- i p c o n n e n a r. c o m : w w w
A l d i t i t n n u a a n n e r m r e p o r s	/ / / / / / / f / h t t t i t l- t i t l_ t h i i i l_ t p : w w w c o n n e n a c o r p o r a o n. c o m w w w p o r a c o m e n e m e s r n a n c a r e p o r s _
2 0 1 3 F B k t a c o o	h / / i l- i / / l_ / h / i / f i i l_ / t t t t t t t t p c o n n e n a c o r p o r a o n. c o m p o r a c o m e n e m e s r n a n c a r e p o r s : w w w w w w _
I R l i t t n e s o r e a o n s v d i t t t e e n s a n p r e s e n a o n s v	h / / i l- i / / l_ / h / i / / t t t t t t t t p c o n n e n a c o r p o r a o n. c o m p o r a c o m e n e m e s r e e n s : w w w w w w v _
S i b i l i C i l t t t t t s a n a a o n n e n a u y ( t t i d f t h t p r e s e n a o n a n a c s e e f ) i t o r n v e s o r s	h / / i l- i t t t t p c o n n e n a r. c o m : w w w
C C S S t t i i l l o r p o r a e o c a R i b i l i R t t e s p o n s y e p o r	/ / / / h h t t t t t t i i t t l l- t t i i b b i i l l i i t t p : w w w c o n n e n a s u s a n a y. c o m
C G t o r p o r a e o v e r n a n c e P i i l r n c p e s	/ / h t t t i t l p : w w w c o n n e n a / / / / / / / / / / / / t t i i t t l l_ t t h h i i t t c c o o r r p p o o r r a a o o n n. c c o o m m w w w w w w p p o o r r a a c c o o m m e e n n e e m m e e s s r r c c o o r r p p o o r r a a e e_ g g o o v v e e r r n n a a n n c c e e _
C t i t l h o n n e n a s a r e	/ / / / / / / / h t t t i t l- t i t l_ t h i h p : w w w c o n n e n a c o r p o r a o n. c o m w w w p o r a c o m e n e m e s r s a r e _
C C t t i i t t l l o n n e n a b d d t i o n s a n r a n g	/ / / / / / / / / / / / / / / / h h t t t t t t i i t t l l- t t i i t t l_ l t t h h i i b b d d p : w w w c o n n e n a c o r p o r a o n. c o m w w w p o r a c o m e n e m e s r o n s _